Copyright © 2020 Albuquerque Journal
SANTA FE – Responding to an unprecedented fiscal crisis, the Santa Fe City Council approved a new budget Wednesday night, as the city continues to assess the full impact of the COVID-19 pandemic.
In the end, the budget is 18% lower than it was last year, coming in at $319 million. The General Fund declined by 10% specifically.
Mayor Alan Webber, whose office crafted the budget before it was presented to the council, said the pandemic completely disrupted the normal budget-making process that normally wraps up in the spring.